More International Signing Bonus Money to Use in 2013
The new CBA also limits the amount of money teams can spend on internationals free agents. During this signing period, which kicks off in July, teams will have only $2.9 million to spend on international free agents (lest they be subjected to spending/signing limitations the following year if they go over). The number is the same for all teams. But next year, the teams with worse records in 2012 will have more money to spend on the international market, a la the Draft. The worst team in 2012 will get about $4.8 million to spend internationally in 2013, while the best team in 2012 will get just $1.7 million. That huge range (relatively speaking) means that the teams with the worst record in 2012 will have a significant advantage on the international stage in 2013, the first year that such an advantage will exist.
(And, yes, this impending limitation is why folks are modestly freaked out about the utter silence surrounding Jorge Soler. If he doesn’t sign before July 2, his signing is subject to the $2.9 million cap (that’s a team’s total spending cap, by the way – Soler was rumored to be getting more than $20 million by himself). That could cause serious problems for a team like the Cubs
, who were once thought to have the inside track, but who might not want to blow their cap to sign Soler (given that, if they don’t blow their cap this year, their cap next year is likely to be among the highest in baseball)).
Al, Will you explain this a little more in detail? I am really high on Soler and I haven't heard anything about him in a while. Is it better for us if we sign him sooner or later? Thanks By the way I got this article from the web
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